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hamilton. they spent 77 million on another pitcher. oakland as won 94 games. the shift of power has gone to the west coast where the red sox lost 93 games last year, the yankees even though they had a good season last year are trimming payroll. the balance of power has certainly shifted in the world of baseball. >> giants two out of three world series, lot lower payroll don't they? >> reporter: they dothan the dodgers. they spend money. they are not against spending money but they do it within the league average. they are in thor third but still spend money. the point that the dodger made is they never should have been at 95 billion. they should have been spending like boston and philly. they had to make some big deals last year. they won't stay above 200 all the way through but obviously they are willing to spend. >> my big guest problem i'm a die-hard yankee fan. you know what's going on. a-rod won't be there. teixeira won't be there. derek jeter may not be there. looks like a disaster. >> reporter: tomorrow there might be an announcement. reports are they may announce that mario will
is reportedly tackling its european woes by utilizing excess capacity at its oakland plants to produce chevrolet, the company's biggest global brand, traditionally associated with the american market. steve is in geneva with more for us. >>> susan is joining us now. really lovely to get you today to talk to us about what you guys are doing to reinvigorate your european traffic. you, like a lot of the brands here, are seeing sales in the u.s. picking up globally. ite once again, it's europe that's the problem. >> it's a very challenging market right here in europe. and i think one of the things you have to do in a challenging market is to look for opportunities. so what we're going to do at chevrolet is continue with our product defensive. we're going to introduce five new products here in western and central europe in the 2013 calendar year. one of them is the brand new chevrolet track, which is a small suv. that's in a segment that's going to grow in double digits throughout the rest of the calendar year. tough market. you look for the opportunities and you try and exploit them. >> we've got th
do it well. it's sort of -- you know, as you see in baseball, the oakland a's with money ball. they didn't win the world series in the year of that book and movie and they vice president since. although, you know, it probably makes them perform better than they would otherwise. so it's no guarantee of success. but if you do it well, you tend tovnt in almost every case there is a slight performance advantage. >> the company i was thinking of was the gary loveman example at cesar's where he was using the data in making a bid for macau and probably decided not to probably for the wrong reasons. >> that is true. and he admits it's the biggest mistake of his career as a ceo. but on the other hand -- >> what's the back story there? he was looking at what -- what numbers was he looking at that he misinterpreted? >> well, yeah, you know, this was classic financial analysis. they were looking at buying a gaming license in macau and macau wanted 900 million. and all of the financial analysis suggested that the most it was worth would be about 500 million. now he figures it was probably
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